Interpretation of statute - Scope of the term "OR" - The word ...

Statute Clarifies "Or" in Bankruptcy Law: Resolution Plans Can Be Modified Once, Not Exclusively.

September 12, 2023

Case Laws Insolvency and Bankruptcy SC

Interpretation of statute - Scope of the term "OR" - The word ‘or’ in the said sub-regulation should be read as ‘in addition to’ and not ‘to the exclusion of’. This means that the resolution professional may, if envisaged in the request of the resolution plan, can allow under the said sub-regulation, modification of the resolution plan received, albeit only once. - SC

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Interpretation of statute - Scope of the term "OR" - The word ...

Statute Clarifies "Or" in Bankruptcy Law: Resolution Plans Can Be Modified Once, Not Exclusively.

September 12, 2023

Case Laws Insolvency and Bankruptcy SC

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